Real Estate Investment Properties for Sale in Indian River, MI

Looking for investment property in Indian River, MI with high ROI ?

Explore a variety of short-term homes & houses in Indian River, MI. Invest wisely with VRBO & Indian River, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Indian River, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3140 Mingo Trail Indian River, MI Boating the Inland Waterway from your home on the Indian River is a boater's dream. Your p...	3 beds \| 2 baths \| 1,344 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.96% Airbnb Rental Income: $null Traditional Rental Income: $2530 Airbnb ROI: N/A Traditional ROI: 0.96%
4189 Big Sky Trail Indian River, MI PRICED REDUCED! SELLERS VERY MOTIVATED! Nestled on nearly 8 acres of pristine wilderness, ...	2 beds \| 1 baths \| 2,158 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $1990 Airbnb ROI: N/A Traditional ROI: 2.54%
102 Phoxy Ln Indian River, MI Don't miss this stunning waterfront home. It's a true gem, nestled on a serene canal with ...	3 beds \| 2 baths \| 2,060 sq.ft.	$729,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.68% Airbnb Rental Income: $null Traditional Rental Income: $2280 Airbnb ROI: N/A Traditional ROI: 0.68%
5115 S Straits Hwy Indian River, MI Escape to Your Own Cabin at Woodhaven Cottages Resort! Own a charming cabin just outside I...	2 beds \| 1 baths \| 407 sq.ft.	$132,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $1232 Airbnb ROI: N/A Traditional ROI: 4.58%
6986 Chippewa Trail Indian River, MI This custom-built cottage-contemporary home offers an opportunity that if you are looking ...	3 beds \| 2 baths \| 2,974 sq.ft.	$699,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $2780 Airbnb ROI: N/A Traditional ROI: 1.59%
8554 W M-68 Indian River, MI Discover your dream retreat with this stunning 3-bedroom, 1-bedroom/office (non-conforming...	3 beds \| 3 baths \| 2,859 sq.ft.	$2,300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.91% Airbnb Rental Income: $null Traditional Rental Income: $3553 Airbnb ROI: N/A Traditional ROI: -0.91%
6378 Hillside Avenue Indian River, MI Experience timeless elegance in this beautifully preserved 1890s Victorian, nestled in the...	5 beds \| 3 baths \| 2,800 sq.ft.	$949,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.59% Airbnb Rental Income: $null Traditional Rental Income: $3444 Airbnb ROI: N/A Traditional ROI: 2.59%
5064 Wilson Road Indian River, MI Are you searching for a home nestled near the beauty of the Sturgeon River, state land, an...	2 beds \| 2 baths \| 1,300 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $2052 Airbnb ROI: N/A Traditional ROI: 6.47%
6116 Hemlock Street Indian River, MI Welcome to this beautiful Colonial-style home located in the heart of Indian River. Just a...	4 beds \| 2 baths \| 2,067 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2913 Airbnb ROI: N/A Traditional ROI: 5.73%
6363 Burchfield Road Indian River, MI What a great 5 bedroom 5 bathroom home located in the Village Of Indian River, This spacio...	5 beds \| 4 baths \| 3,400 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $5076 Airbnb ROI: N/A Traditional ROI: 4.06%
2371 E Mullett Lake Road Indian River, MI Enjoy privacy, convenience and turnkey homestead living with this spacious 5 bedroom, 3 ba...	5 beds \| 2 baths \| 2,799 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $2540 Airbnb ROI: N/A Traditional ROI: 3.24%
3079 Parrotts Pointe Indian River, MI Looking for a home with waterfront access and boating privileges? Welcome to your Up North...	3 beds \| 2 baths \| 1,352 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.5% Airbnb Rental Income: $null Traditional Rental Income: $2431 Airbnb ROI: N/A Traditional ROI: 6.5%
5344 Wilson Indian River, MI Welcome to 5344 Wilson Rd, Indian River, MI â a spacious 2,160 sq ft home featuring 3 b...	3 beds \| 3 baths \| 1,860 sq.ft.	$264,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.39% Airbnb Rental Income: $null Traditional Rental Income: $2869 Airbnb ROI: N/A Traditional ROI: 9.39%
6888 Sequoia Drive Indian River, MI This brand-new home is currently under construction and can be custom built to your wants ...	3 beds \| 2 baths \| 1,683 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 5.16%
7207 Frontenac Avenue Indian River, MI Spacious Year-Round Retreat Near Burt Lake. 5-bedroom, 3-bath home offering over 3,000 squ...	5 beds \| 3 baths \| 3,100 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $3239 Airbnb ROI: N/A Traditional ROI: 8.07%
6613 Hillside Avenue Indian River, MI Experience lakeside living at its finest in this exceptional home on the east shore of Bur...	4 beds \| 4 baths \| 3,927 sq.ft.	$2,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.27% Airbnb Rental Income: $null Traditional Rental Income: $4257 Airbnb ROI: N/A Traditional ROI: -0.27%
150 N East Mullett Lake Road Indian River, MI Discover your own private retreat on 5.8 serene acres. This secluded 3-bedroom, 2-bath hom...	3 beds \| 2 baths \| 1,800 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $2671 Airbnb ROI: N/A Traditional ROI: 2.78%
4320 Spirit Drive Indian River, MI Bright, simple, and functional 3 bedroom, one bath home. This cozy little home is wheelcha...	3 beds \| 1 baths \| 1,000 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.38% Airbnb Rental Income: $null Traditional Rental Income: $1711 Airbnb ROI: N/A Traditional ROI: 9.38%
865 Wintree Drive Indian River, MI Have you been dreaming of an up north beautiful full log home w/ a vaulted wall of windows...	3 beds \| 2 baths \| 1,500 sq.ft.	$465,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.2% Airbnb Rental Income: $null Traditional Rental Income: $1281 Airbnb ROI: N/A Traditional ROI: 0.2%
3063 Red Pine Point Dr Indian River, MI 3063 Red Pine Point Dr, Indian River, MI 49749 \| Single Family Residential	10 beds \| 10 baths \| 18,384 sq.ft.	$8,999,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.87% Airbnb Rental Income: $null Traditional Rental Income: $5619 Airbnb ROI: N/A Traditional ROI: -1.87%
1466 Wahbee Ave Indian River, MI 1466 Wahbee Ave, Indian River, MI 49749 \| Single Family Residential	2 beds \| 1 baths \| 800 sq.ft.	$711,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $1073 Airbnb ROI: N/A Traditional ROI: -1.05%
2955 E Mullett Lake Rd Indian River, MI 2955 E Mullett Lake Rd, Indian River, MI 49749 \| Single Family Residential	3 beds \| 2 baths \| 1,800 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $2281 Airbnb ROI: N/A Traditional ROI: 5.35%
V/L Par 18 Spikehorn Trl Indian River, MI V/L Par 18 Spikehorn Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$79,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 6.81%
V/L 30 AC Spikehorn Trl Indian River, MI V/L 30 AC Spikehorn Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.73% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 0.73%
V/L 20.75A Spikehorn Trl Indian River, MI V/L 20.75A Spikehorn Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 2.37%
V/L Site 9 Cedar Springs Ln Indian River, MI V/L Site 9 Cedar Springs Ln, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 5.74%
4565 Forest Trl Indian River, MI 4565 Forest Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.76% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 11.76%
12 Acres Michigan Oaks Ln Indian River, MI 12 Acres Michigan Oaks Ln, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$69,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.19% Airbnb Rental Income: $null Traditional Rental Income: $760 Airbnb ROI: N/A Traditional ROI: 7.19%
Spikehorn Trl Indian River, MI Spikehorn Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 2.37%
5384 Commerce Blvd Indian River, MI 5384 Commerce Blvd, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.81% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 0.81%
4732 S Straits Hwy Indian River, MI 4732 S Straits Hwy, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 3.51%

Real Estate investment in Indian-river, MI

There are 33 properties for sale in the city of Indian River . The median list price in Indian River is $349,000 and the average price per square foot is $128. In January 2026, the average monthly cash on cash return in Indian River is 4.00%. The average monthly rental income in Indian River is $2,021.

Indian-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Indian-river.

In 2026, the best neighborhood to buy investment property is Indian River.

The ROI for Short-Term is higher than the Long-Term in Indian-river with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Indian River, MI

3140 Mingo Trail

Indian River, MI

3 beds | 2 baths | 1,344 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2530

Airbnb ROI: N/A

Traditional ROI: 0.96%

4189 Big Sky Trail

Indian River, MI

2 beds | 1 baths | 2,158 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.54%

Airbnb Rental Income: $null

Traditional Rental Income: $1990

Airbnb ROI: N/A

Traditional ROI: 2.54%

102 Phoxy Ln

Indian River, MI

3 beds | 2 baths | 2,060 sq.ft.

$729,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2280

Airbnb ROI: N/A

Traditional ROI: 0.68%

5115 S Straits Hwy

Indian River, MI

2 beds | 1 baths | 407 sq.ft.

$132,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $1232

Airbnb ROI: N/A

Traditional ROI: 4.58%

6986 Chippewa Trail

Indian River, MI

3 beds | 2 baths | 2,974 sq.ft.

$699,999

Airbnb cash on cash: N/A

Traditional cash on cash: 1.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2780

Airbnb ROI: N/A

Traditional ROI: 1.59%

8554 W M-68

Indian River, MI

3 beds | 3 baths | 2,859 sq.ft.

$2,300,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.91%

Airbnb Rental Income: $null

Traditional Rental Income: $3553

Airbnb ROI: N/A

Traditional ROI: -0.91%

6378 Hillside Avenue

Indian River, MI

5 beds | 3 baths | 2,800 sq.ft.

$949,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3444

Airbnb ROI: N/A

Traditional ROI: 2.59%

5064 Wilson Road

Indian River, MI

2 beds | 2 baths | 1,300 sq.ft.

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.47%

Airbnb Rental Income: $null

Traditional Rental Income: $2052

Airbnb ROI: N/A